In the week ending August 7, U.S. investors moved a huge $47.48 billion into money market funds, marking the biggest weekly inflow since April 3. […]
Tag: Financials
Indian Markets Extend Winning Streak to 8 Weeks; Pharma Leads Gains While Financials Weaken
Indian stock market has experienced gains for eight consecutive weeks, marking the longest winning streak in seven years. On Friday, the Sensex and Nifty both […]
Emkay Global Forecasts Market Correction, Highlights Key Avoids Amidst High Valuations
Market Correction Forecast: – Frontline indices are predicted to face a potential correction of 5-10%. – Small- and mid-cap stocks may experience more significant declines. […]
Reddit Unveils IPO Plans on NYSE, Discloses $804 Million Revenue in 2023 Amid $90.8 Million Net Loss
Reddit has officially submitted its IPO filing. According to Bloomberg, numerous WallStreetBets forum members are engaging in discussions about shorting the company. Reddit $RDDT is […]
NetEase Q4 Earnings: Revenue Misses Estimates at CNY27.14B, EPS Falls to $1.60 (Est. $1.73) as Gaming Boosts Profits and Cloud Music Returns to Profitability
– NetEase’s Q4 adjusted EPS falls short of estimates at $1.60 (Est. $1.73). – Q4 Revenue stands at CNY27.14B, missing the estimated CNY28.2B. – Non-GAAP […]
Nikola ($NKLA) Posts Q4 Revenue of $11.5 Million, Showing a 76% YoY Surge, Slightly Missing Estimated $13.2 Million
Key highlights: Nikola ($NKLA) reported Q4 revenue of $11.5 million, marking a 76% year-over-year increase, slightly below the estimated $13.2 million. Adjusted loss per share […]
Brokerage Reports: Mindspace REIT, Prestige, Sobha, DLF, Godrej Prop, Oberoi Realty, Macrotech, Embassy REIT, Sunteck Realty, Nippon AMC, HDFC AMC, KFin Tech, Max Financial, BSE, Tata Motors
HSBC’s Strategy for India: – FII inflows into Indian equities reached $21 billion by the end of 2023, with expectations for further growth. Target remains […]